Bitcoin plummets to $77,000 as Trump tariffs hit crypto markets
The cryptocurrency market took a major hit today, reacting to US President Donald Trump‘s global tariffs announced last week.
Bitcoin fell nearly 8% to $76,833, while Ethereum crashed over 15% to $1,538.
As per Coinglass data, bullish crypto bets worth nearly $745 million were liquidated in a 24-hour period—the biggest sell-off in nearly six weeks.
The global cryptocurrency market capitalization was at $2.5 trillion, marking a 6.59% decline in the last day.
